Sforex

USDollar: no major data. risk appetite plays the key role

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
Next week, no major US economic data, market shifts attetion to other currencies:

- Australia CPI
- RBNZ Meeting
- BOE Meeting

Lack of data , risk appetite will play the key role in driving the greenback.

Like I said in the recent topic,USDollat met resistance at 97.72. I wait for the breakout, and indeed USDollar pierced the resistance.

We have enough necessary fuel to rally.

I expect USDollar firmly rallies next week.


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